XAUUSD (Gold) Bullish PlanAs Expected Monthly Candle Close above 2604, October Low Sweep, So I am Bullish in December because Order Flow is Bullish of Gold and Silver, In New Month Price will Tap in FVG Then Bullish Move Expected. Follow With Risk Management.Longby TradeWithDanishUpdated 775
XAUUSD:GOLD IS READY TO TAKE OFF. Hello dear fellow traders ! What do you think about XAUUSD Market. Alert! This analysis is not for trading but is for study. XAUUSD is ready to fly Soon. Advice for traders. When Market is near to volatile then you should use stop losses and avoid to over_leveraging. A strong bullish trade has been observed in the XAUUSD, with the price moving within a parallel and range channel. The channel's support and resistance lines have been respected, indicating a clear trend. XAUUSD CURRENT LEVEL:2761 SUPPORT ZONE :2752 RESISTANCE ZONE:2785 DEMAND ZONE:2815 Note :Trade on your own risk. Kindly support and comment for more other latest updates. Longby Mr_King_professionalUpdated 4414
XAUUSD Analysis updateGold hit an all-time high on Friday, breaking through $2,789, but closed below $2,800. Although we've observed a brief bearish trend, gold may potentially reach $2,880 this month. Meanwhile, we've identified selling points for a short trade." Target $2790 $2780 It's my take. What you think about "GOLD" write in the comment section. Thanks.by David_1_8119
Gold:Continues Bullish Trend with Potential Pullback Before Nexthello guys! Upward Movement: The price has been moving upward since the start of the period, breaking several resistance levels along the way. The price recently shot up after forming a consolidation pattern, which suggests bullish sentiment. The momentum is strong, but there is a small pullback that might occur soon. Current Trend: The chart indicates an upward channel, marked by the blue dotted lines, suggesting that the price may continue to move higher as long as it respects the upward trajectory. However, the price is approaching a resistance zone, near the 2,832.43 level, which could potentially lead to another pullback. Retracement: There is a projected pullback marked by the black curved line. This suggests that after reaching the peak near 2,832.43, the price might come back down for a retest of lower levels before continuing its bullish path. A retracement could occur to around the 2,820.00 level, or lower, near the 0.79 Fib retracement level around 2,774.94. Support Levels: Key support levels are marked by the dashed blue lines, and they might serve as potential entry points if the price retraces. The first support zone appears around 2,824.00, followed by 2,820.00. A deeper retracement could bring the price closer to 2,777.00, but the overall trend is still bullish, so any dip could be an opportunity to buy for those looking to catch the next upward movement. Resistance: The upper resistance zone is near 2,868.00 to 2,860.00, which aligns with the recent highs. A break above these levels could push the price higher, further confirming the continuation of the bullish trend. Conclusion: The chart suggests that gold is in an uptrend, but there could be a minor pullback before a possible continuation to the upside. Traders should watch for signs of a retracement, with key support levels offering potential buying opportunities. Keep an eye on the 2,832.43 resistance level for a breakout, but be prepared for a correction near lower levels before resuming the upward movement.Longby melikatrader94228
GOLD BUY After pullbackHello my friend, We have a bos on the swing structure M15. the price will make its short-term pullback. I have identified 3 potential buy zones. Gold Consolidates Above $2,800 After Hitting a Record High Gold price retreated slightly after reaching an all-time high of $2,831 on Monday. It is currently in a consolidation phase above $2,800, awaiting fresh catalysts. Market focus shifts to US labor data and Federal Reserve (Fed) policymakers’ speeches. Economic & Political Factors Impacting Gold US Dollar demand rebounds as Treasury bond yields rise. Trump delays tariffs on Canada & Mexico but not on China: On Saturday, Trump imposed 25% tariffs on Canada & Mexico and a 10% tariff on China. On Monday, he postponed the Canada & Mexico tariffs by a month after reaching a deal to tighten border security and ban fentanyl exports to the US. Initial market reaction caused high volatility, but the US Dollar weakened on Monday, supporting gold. Economic Data to Watch: Impact on Gold Strong ISM PMI data & hawkish Fed comments pressured gold on Monday. Key US labor data (JOLTS Job Openings) to watch: A reading below 8 million jobs could weaken the US Dollar and push gold towards new highs. A weaker dollar increases gold’s appeal as a safe-haven asset. If risk sentiment improves, markets may shift away from the US Dollar, boosting gold further. Technical Analysis: Gold Nears Overbought Levels RSI at 71 signals overbought conditions, suggesting a potential short-term correction. Key support levels if gold pulls back: $2,800 (psychological level). $2,772 (Monday’s low). $2,754 (January 30 low). $2,731 (21-day SMA). Upside potential: A break above $2,831 would target the $2,850 psychological level. The 50-day & 100-day SMA Bull Cross still supports an overall bullish trend. Gold remains in an uptrend, but a short-term correction is possible. US labor data and Fed policy decisions will be key drivers for the next move. Trade war uncertainties and Trump's tariff policies will continue to influence gold’s safe-haven demand.Longby Tradingmaniafr30
Gold is approaching the point where the trend will reverseGOLD is approaching the reversal point, but before that the market may draw the all-time favorite trap - a breakout, but false :) that will allow to collect as much liquidity as possible before further reversal. Scenario: Gold closes Friday on a small correction after reaching 2786. Most likely the price may test the nearest support, supposedly showing traders that it will not go up. But after this deception it will quickly turn around and finally test 2790. The pattern that I am waiting for is a false breakdown and subsequent consolidation of the price under 2790, which will make it convenient to open a sell trade :). My targets in this case: 2740, 2688Shortby AndeWave335
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed. Previously we stated that the channel top was continuing to provide support like we stated for the past few weeks and. as long as we see no ema5 cross and lock below into the channel, we can safely continue with our plans to buy dips in this range. - This is continuing to play out perfectly. You can see although we had many breaks into the channel with candle over the last few weeks, ema5 failed to break inside, confirming the rejection and providing support above the channel like we stated. Last week we stated that the bounce from the channel was playing out, as analysed and now heading towards our 2729 AXIS gap target above. - This was hit perfectly completing this target. We now have a candle body close above 2729 opening long range/term gap at 2856 and will need ema5 lock to further confirm this. This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFXby Goldviewfx1919172
GOLD TRADING POINT UPDATE .READ THE CHAPTIANBuddy'S dear friend 👋 SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold list week take a New All Time high ATH 2817 ) Gold Traders SMC-Trading Point still ses a bullish trend 📈 🚀 this week take a New 🆕 ATH 2837 fisrt take support breakdown moving 😃 up trand that expect it. Next week Two strong 🪨💪 support level 2785 2772 that entry buying said if close below 👇 that level that expect Short Trade. 2724 2703 ) Key Resistance level 2817+ 2837 Key Support level 2785 - 2772 - 2724 - 2703 Mr SMC Trading point Pales support boost 🚀 analysis follow)by SMC-Trading-PointUpdated 227
GOLD MARKET ANALYSIS AND COMMENTARY - [Feb 03 - Feb 07]Gold prices have just completed an accumulation period and this week broke out to a record high. Specifically, gold price increased quite strongly from 2,732 USD/oz to 2,817 USD/oz, then decreased and closed the week at 2,799 USD/oz. The White House announced that from February 1, 2025, the US will impose a tax of 25% on imports from Canada and Mexico, and 10% on goods from China. This information caused global financial markets to fluctuate strongly. US stocks plunged, Treasury bond yields increased, while gold and USD became safe havens for cash flow. Gloomy US economic data and the risk of tariff escalation have pushed gold prices to a record high. After a week focusing on interest rates and inflation, the market next week will focus on the labor market with the December non-farm payrolls report. Gold traders will also monitor many other important data such as ISM manufacturing PMI, ADP employment report, and Bank of England policy decision, along with a preliminary consumer confidence index from the University of Michigan. Next week's gold price may still maintain an upward trend when supported by many factors, along with the positive views of investors who expect gold prices to reach higher levels in the near future. 📌Technically, after reaching a record price above the threshold of 2,817 USD/oz, on the weekly chart, the average price of gold has also exceeded the threshold of 2,335 USD/oz. This shows that the average price of gold is higher, creating room for further increases in gold prices. A shorter-term perspective with the H4 chart, if next week's gold price benefits from worse economic data, the price will break out of the old peak of 2817 and rise above the 2850 threshold. If the resistance level is not broken, the gold price will temporarily decrease and adjust to around the EMA89 moving average line of the H4 chart, around the 2738 mark. Notable technical levels are listed below. Support: 2,785 – 2,774 – 2,762USD Resistance: 2,802 – 2,817 – 2,824USD SELL XAUUSD PRICE 2851 - 2849⚡️ ↠↠ Stoploss 2855 BUY XAUUSD PRICE 2737 - 2739⚡️ ↠↠ Stoploss 2733by Xayah_trading118
Short term 15 min 1:3 RR setupWait for a Liquidity sweeping the short term high and wait for an inverted Fair Value Gap to form. Then wait for a retest of the iFVG and target the Imbalance on the bottom. Shortby longde_lao116
Nonfarm Ahead: The Decisive Moment for USD and Gold Trends!🌍 Market Overview: As the highly anticipated Nonfarm Payrolls report approaches, both USD and gold markets are poised for significant volatility. This report, alongside other key economic indicators, will set the tone for market sentiment and trading opportunities in the week ahead. 📊 Key Economic Updates for the Week: Nonfarm Payrolls (Friday): Expected to show solid job growth, influencing USD strength. Gold may react inversely to USD performance based on labor market data. ISM Services PMI (Thursday): Offers insights into economic activity and inflation trends. Fed Watch: Traders will monitor speeches from Federal Reserve officials for clues on future rate decisions. 📈 Technical Analysis for Gold (XAU/USD): Resistance Zones: $2,797 - $2,811: Key levels to watch for potential sell opportunities if price action shows exhaustion. $2,834: Major resistance zone aligning with previous highs. Support Zones: $2,762 - $2,748: Short-term support; potential buy zone for a bounce. $2,734 - $2,720: Deeper support aligned with FVG (Fair Value Gap). Key Observations: Gold is currently trading near the upper boundary of a rising channel. Price action suggests a potential pullback to fill liquidity gaps before continuing its trend. 💡 Strategic Insights: USD (DXY): Recent strength in the USD has created upward pressure. A robust Nonfarm report could further boost the DXY. Gold (XAU/USD): Any signs of labor market weakness could support gold as investors hedge against economic uncertainties. ⚠️ Cautionary Notes: Nonfarm Payrolls week is often marked by market volatility and unpredictable movements. Traders are advised to manage risk carefully, adhere to stop-loss levels, and avoid over-leveraging. 🤔 What's Your Take? Do you think Nonfarm data will push USD higher or bring more support for gold? 👉 Follow me for timely updates and trade setups to capitalize on this week’s volatility! 🚀by KevinNguyen-SimpleTrade226
XAU: Gold's Supply Area: A Short Opportunity?As the market for gold fluctuates, there may be an opportunity to consider a speculative short position. Currently, gold appears to be retesting a supply zone, an area where selling pressure could drive prices lower. This retest may signal a shift in market sentiment, potentially leading to a retracement back to prior demand zones. Technical Indicators: Observing price action and key technical indicators can reveal signs of weakness in gold's bullish momentum, supporting the case for a downward move. Risk-Reward Ratio: Although taking an aggressive stance comes with risks, a well-placed stop-loss and clear profit targets can create a favorable risk-reward scenario. Conclusion Given these market dynamics, a speculative short position in gold, targeted at previous demand zones, could be worth considering. As always, it's essential to stay informed and manage risks effectively. What are your thoughts on this approach? ✅ Please share your thoughts about XAU in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Shortby FOREXN12220
GOOD ANALYSISGold technical analysis H1 Time Frame Next Move Possible. This is not financial advise trade and manage your own risk. Shortby FOREX_QUEEN_10Updated 225
XAUUSD IS MAKING A BUYING SETUP FOR ALL TIME NEW HIGH AGAINHello Followers I am going to publish my very first technical setup on XAUUSD, So share your opinion in comments about my analysis.. XAUUSD is clearly making a buying setup for all time new high, XAUUSD is respecting the parallel channel very well, According to me XAUUSD will fly till my target 2820. XAUUSD is now working at the middle line area that is a support area also, Hopefully XAUUSD will reach the target soon. KEY POINTS: CURRENT PRICE 2794 TARGET 2820 SUPPORT AREA 2788/2780 Longby Team_Elliana_TradesUpdated 335
HEAD AND SHOULD PATTERN ON 4HR chartXAU/USD has formed head and shoulder pattern on 4hr chart, potentially indicating downward momentum. What's your opinionShortby dyz926336
GOLD Will Collapse! SELL! My dear friends, My technical analysis for GOLD is below: The market is trading on 2833.1 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2791.9 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals337
Chances of gold price hitting new ATH this week?⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: China's National Bureau of Statistics (NBS) reported that both Services and Manufacturing PMIs have moved into contraction, signaling a potential slowdown in the global economy. In the US, the Chicago Fed National Activity Index for December showed improvement by exiting negative territory, indicating signs of economic recovery. Looking ahead, this week's US economic calendar includes key data releases such as Durable Goods Orders, the Federal Reserve's monetary policy meeting, Q4 2024 GDP figures, job market updates, and the Fed's preferred inflation measure—the Personal Consumption Expenditures (PCE) Price Index. ⭐️Personal comments NOVA: Gold adjusted down within the range of 2 H1 trendlines, sideways price range 2730-2750 in Asian and European sessions, waiting for US session news data ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2705 - $2707 SL $2700 TP1: $2715 TP2: $2723 TP3: $2730 🔥SELL GOLD zone: $2759 - $2761 SL $2766 TP1: $2750 TP2: $2740 TP3: $2730 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital accountLongby Nova-ScalperUpdated 3328
XAUUSD KEY LEVELS WITH SHORT ENTRY**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 15 mins timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.by nandupk224
GOLD. where is today resistance ? whats next??#GOLD.. market just near to his today resistance area that is 2797 98 and if market hold it in that case you can see a drop towards today supporting areas. stay sharp.. good luck trade wiselyby AdilHussain731333223
Technical Analysis of the Gold Market based on Elliotwve NeowaveAccording to the attached chart, my personal opinion is that gold is at the end of the pattern and should correct to at least 2655 or 2620 for now. This pattern is a contracting triangle with an inverse alternation in Neowave.Shortby zana5555116
XAUUSDIf the price does not break above 2840 soon and returns faster below 2790, this scenario will be confirmed. Otherwise, the analysis I presented earlier will be valid.Shortby farzad_abdollahzade333
Xauusd Hi All Traders Here is My XAUUSD GOLD Forcast Lets see and share your ideas in comments i will be Glad 😊 XAUUSD Outlook Pattern in Sell side from 2818 and nice way to moving buy side if the price will move at 2730 support after pull back to the resistance s shows in the charts 🔑Key Points Support Level 2830 Resistance 2800 Here is Key points to take profit with scalping Mood 😶Longby Mr_Mark_Wood2212
XAUUSD 4h chartwill reach or retrace to the bearish trade zone around 2812-2824 before making a moveShortby professionalgoldtraderUpdated 224